October 14, 2019
News

Brexit to cost average Kilkenny household at least €470 a year: ESRI

THE impact of Brexit on households in Kilkenny and the rest of the country will be “severe”, with families’ disposable income set to be hit in all scenarios by increased prices.

The gloomy finding is contained in new research by the State think-tank, the Economic and Social Research Institute (ESRI) published today.

It  found that personal disposable income could be up to 4.1pc lower after 10 years if there is a disorderly no-deal Brexit.

The ESRI analysis suggests people with an average after-tax disposable income could lose around €880 in the worst-case scenario. But even if there is a deal, the same person could lose around €470, according to the research.  

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